Payday Loans in Stanville, Kentucky

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Stanville, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
Forcht Bank 1405 E Broadway St, Campbellsville, KY 42718 +1 (270) 789 - 4000
Heights Finance Corporation 658 N 12th St, Murray, KY 42071 +1 (270) 759 - 0310
Peoples Exchange Bank Old State Hwy 11, Beattyville, KY 41311
Cash Express 206 N Main St, Elkton, KY 42220 +1 (270) 604 - 8027
Cash Express 134 KY-80, Hyden, KY 41749 +1 (606) 672 - 4246
First Financial Credit 909 S Laurel Rd, London, KY 40744 +1 (606) 864 - 2636
Automotive Capital Resources 550 W Lincoln Trail Blvd 202, Radcliff, KY 40160 +1 (270) 351 - 0895
Cashland 2 N Green St, Henderson, KY 42420 +1 (270) 827 - 9846
Lawsuit Loans Cash advance funding Louisville, KY 5525 S 3rd St, Louisville, KY 40214 +1 (347) 705 - 3239
Citizens National Bank 149 W Main St, Lebanon, KY 40033 +1 (270) 692 - 2113

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Stanville, KY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Florence, KY, Payday Loans in Georgetown, KY, Payday Loans in Hopkinsville, KY, No Credit Check Loans in Louisville, KY, Quick Loan in Owensboro, KY and Payday Loans in Richmond, KY. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Stanville, KY.

Payday Loans Available in Stanville, KY By The Following ZIP Codes:

41659

Are Payday Loans Legal In Stanville, Kentucky?

Loan Rates and Fees, Laws and Regulations in Kentucky.

Kentucky Loan Regulations

Legal StatusLegal (Applies to check cashers only)
Interest Rate (APR, %)460
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term60 days
Number of Rollovers Allowed0
Finance Charges$15 per $100

Stanville, KY payday loan calculator

Understanding Payday Loans in Stanville, Kentucky

In recent years, payday loans have gained popularity, providing quick access to cash for people facing financial emergencies. In Stanville, Kentucky, payday loans are legal for check cashers to offer. This article provides comprehensive information about payday loans in Stanville, Kentucky.

What are Payday Loans?

A payday loan is a short-term loan that a borrower takes out and repays it on their next payday. Typically, payday loans have high-interest rates, which makes them an attractive option for people who need quick cash. These loans are usually offered by private lenders or check cashers in Kentucky.

Eligibility for Payday Loans in Stanville

Before applying for a payday loan in Stanville, Kentucky, you must meet specific requirements. Most lending institutions require the borrower to be at least 18 years old and have a steady source of income. The lender will require you to provide valid identification, proof of income, and a checking account for the loan.

It is important to note that payday loans are not available for everyone. People without a steady income or stable employment may have a difficult time securing a payday loan.

Rules and Regulations for Payday Loans in Stanville

Payday loans in Stanville, Kentucky, are regulated by the Kentucky Department of Financial Institutions. The state applies an interest rate cap of 15% on payday loans. If the loan amount exceeds $500, the interest rate gets capped at 10%. Payday loans have a maximum loan term of 14 days.

It is vital to understand these regulations before taking out a payday loan in Stanville. If a lending institution or check casher violates these rules, the borrower has the right to report them to the Kentucky Department of Financial Institutions.

The Pros and Cons of Payday Loans in Stanville

Before you apply for a payday loan, it is essential to weigh the pros and cons of the loan. Payday loans come with several benefits, including:

  • Quick access to cash: The loan’s approval process is fast, and you could receive the funds within a few hours after submitting an application.
  • No credit check: Payday loans do not require a credit check, making them available to people with bad credit or no credit.
  • No collateral needed: Unlike traditional loans, payday loans do not require collateral. Instead, the borrower’s income serves as collateral.

However, payday loans also come with high-interest rates and short repayment periods. The borrower may find themselves in a cycle of debt, continually seeking payday loans to make ends meet. With high-interest rates, borrowers can find themselves owing more than they borrowed if they fail to repay the loan on time.

Facts and Statistics About Payday Loans in Stanville, Kentucky

  • In Kentucky, the average payday loan amount is $395.
  • The average APR for payday loans in Kentucky is 460%.
  • According to the Kentucky Coalition for Responsible Lending, the majority of Kentucky payday loan borrowers have less than a high school education and earn less than $30,000 a year.
  • As of 2019, about 10% of Kentucky’s population have used payday loans.

Apply Now with TheGuaranteedLoans

If you are considering taking out a payday loan in Stanville, Kentucky, TheGuaranteedLoans can help connect you with potential lenders. As a connector service, TheGuaranteedLoans facilitates the connection between borrowers and lenders. Our online application process is quick, and we prioritize protecting your privacy and security.

Fill out an application now, and if you meet the lender’s requirements, you could receive the loan funds within hours.

Conclusion

Payday loans in Stanville, Kentucky, offer quick cash for people facing financial emergencies. However, it is essential to understand the regulations and risks associated with these loans. Before applying for a payday loan, ensure you can repay the loan and avoid falling into a cycle of debt. If you meet the requirements, TheGuaranteedLoans can help you connect with potential lenders and access quick cash when you need it.

F.A.Q.

Can I be sued or have my wages garnished if I default on my payday loan in Stanville, Kentucky?

Yes, you can be sued or have your wages garnished if you default on your payday loan in Stanville, Kentucky.

Are there any consumer protection laws for payday loans in Stanville, Kentucky?

Yes, Kentucky has consumer protection laws for payday loans that regulate the terms and conditions of these loans.